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Csr Dilemma Essay

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Jay Patel Genzyme’s CSR Dilemma: How to play its HAND 07-13-2015 Due: Thursday, 16th, 2015 BACKGROUND ABOUT THE COMPANY. Genzyme is an American Biotechnology party based in Cambridge, Massachusetts. Genzyme is third biggest biotechnology company with over 10,000 employees around the globe. it is located within over 65 countries. Genzyme has over revenues over $4.6 billion. Fun fact about the company I found was they had donated almost $100 million in 2006. The case talks about HAND which means find effective drugs for neglected diseases. 1. After completing his analysis of three major HAND Initiatives, What should Jim Geraghty recommend to Henri Termeer, and how can he support his recommendation? This would fall into Transformative theory. A HAND in this case is humanitarian show commitment to patient’s loose profits and find an effective drug for ignored diseases. Some of the things I think that Geraghty can recommend to Henri Would are to improve on each other following area. Malaria, Tuberculosis, and sleeping …show more content…

To alter the geographic region this needs the most help out of all the places. They should also do a research to see appropriate and trustful partners. They should also manage numerous affairs and associates. The resources that should be allocated would be the appropriate fund money, also a need of brilliant scientist who could lead the program into the right direction and would be beneficial to the resources for the company. Also keep a harmony between global need. Some of the partnering approaches that could be taken are keep a straight forward agenda, strong companions that would be committed to the change, available for funding, additional capabilities, and innovative ideas. This would be some of the partnering approach genzyme I think could take to lead this into a right

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